Assembly Election LIVE Results

  • LOST

    Shaktisinh Gohil

    INC (Mandvi)
  • WON

    Jignesh Mevani

    IND (Vadgam (SC)
  • WON

    Alpesh Thakor

    INC (Radhanpur)
  • WON

    Nitinbhai Patel

    BJP (Mahesana)
  • WON

    Hitu Kanodiya

    BJP (Idar (SC)
  • WON

    Pradipsinh Jadeja

    BJP (Vatva)
  • LOST

    Babubhai Mangukiya

    INC (Thakkarbapa Nagar)
  • WON

    Himmatsinh Patel

    INC (Bapunagar)
  • WON

    Bhupendrasinh Chudasama

    BJP (Dholka)
  • WON

    Somabhai Patel

    INC (Limbdi)
  • LOST

    Indranil Rajguru

    INC (Rajkot West)
  • WON

    Vijay Rupani

    BJP (Rajkot West)
  • WON

    Jayesh Radadiya

    BJP (Jetpur)
  • WON

    Lalit Vasoya

    INC (Dhoraji)
  • LOST

    Raghavjibhai Patel

    BJP (Jamnagar Rural)
  • WON

    Hakubha Jadeja

    BJP (Jamnagar North)
  • LOST

    Arjun Modhwadia

    INC (Porbandar)
  • WON

    Paresh Dhanani

    INC (Amreli)
  • WON

    Purshottam Solanki

    BJP (Bhavnagar Rural)
  • WON

    Jitu Vaghan

    BJP (Bhavnagar West)
  • WON

    Saurabh Patel

    BJP (Botad)
  • LOST

    Ramsinh Parmar

    BJP (Thasra)
  • WON

    CK Raulji

    BJP (Godhra)
  • WON

    Mohansinh Rathava

    INC (Chhota Udaipur (ST)
  • LOST

    Siddharth Patel

    INC (Dabhoi)
  • WON

    Manisha Vakil

    BJP (Vadodara City (SC)
  • WON

    Rajendra Trivedi

    BJP (Raopura)
  • WON

    Mahesh Vasava

    BTP (Dediapada (ST)
  • WON

    Chhotubhai Vasava

    BTP (Jhagadia (ST)
  • LOST

    Tusharbhai Chaudhari

    INC (Mahuva (ST)
  • LOST

    Thakur Singh Bharmouri

    INC (Bharmour (ST)
  • WON

    Asha Kumari

    INC (Dalhousie)
  • LOST

    GS Bali

    INC (Nagrota)
  • LOST

    Sudhir Sharma

    INC (Dharamshala)
  • LOST

    Indu Goswami

    BJP (Palampur)
  • WON

    Jai Ram Thakur

    BJP (Seraj)
  • WON

    Anil Sharma

    BJP (Mandi)
  • LOST

    Champa Thakur

    INC (Mandi)
  • LOST

    Prem Kumar Dhumal

    BJP (Sujanpur)
  • LOST

    Satpal Singh Satti

    BJP (Una)
  • WON

    Virbhadra Singh

    INC (Arki)
  • WON

    Suresh Bhardwaj

    BJP (Shimla)
  • WON

    Vikramaditya Singh

    INC (Shimla Rural)
  • WON

    Narinder Bragta

    BJP (Jubbal Kotkhai)
»
1-min read

Automakers Want Government to Keep GST Rate on Hybrids at 18 Percent

Hybrids have been put in the same category as big petrol and diesel luxury cars.

PTI

Updated:June 12, 2017, 5:49 PM IST
facebookTwittergoogleskypewhatsapp
Automakers Want Government to Keep GST Rate on Hybrids at 18 Percent
Representative image. (Photo: Reuters)

Automakers have asked the government to reduce GST rate on hybrid vehicles to 18 percent, saying clubbing the eco-friendly automobiles with big luxury models is "incomprehensible".

As part of auto industry's representation to the GST Council, which will meet on June 11, automobile manufacturers have asked the government not to levy any cess on hybrid vehicles. As per the proposed rates under the GST regime, which will be implemented from July 1, hybrid vehicles have been put in the same category as big petrol and diesel luxury cars attracting 28 percent rate with a cess of 15 percent. The tax incidence on hybrid vehicles will go up to 43 percent from the current level of an effective tax rate of 30.3 percent.

"We are at loss as to why hybrid electric vehicles have been clubbed with petrol and diesel luxury cars in the highest tax bracket. It is incomprehensible and merits an urgent review," said a senior industry official, who did not want to be identified.

The industry has also asked the government to levy lower GST rate of 18 percent without any cess on hybrid electric versions for all vehicles falling in the 28 percent bracket. The automakers argued that hybrid vehicles are much more efficient and eco-friendly but require scale and volume to become economically viable.

In its earlier submissions to the government, auto industry body SIAM had suggested 10 percent differential rate between conventional and hybrid versions in the new GST system to encourage new technology. "Without such differential, it will be impossible to make a small hybrid electric car, commercial vehicles or two/three -wheelers viable," the official said, adding that a proper government support is crucial for such new eco-friendly technology to take roots in India.

The proposed GST rate for hybrid vehicles is "totally divergent from the stated government approach of minimal change in tax incidence for any item when migrating to GST", the official added.

At present, hybrid vehicles attract excise duty of 12.5 percent, similar to the ones for entry level small cars such as Tata Nano or Maruti Alto. Even though they are exempt from infrastructure cess, there is a 1 percent National Calamity Contingent Duty, 2 percent Central Sales Tax and 12.5 percent VAT, which takes the total incident of tax to 30.3 percent.

Read full article
Next Story
facebookTwittergoogleskypewhatsapp

Live TV

File is:/article-scroll-new.php